BDO Deals on Wheels

Promo Mechanics:

  1. The BDO Deals On Wheels (“Promotion”) applies to all brand new car buyers who will apply for a BDO Auto Loan from March 8 to April 7 2019 (“Promo Period”) through any of the participating event venues with its corresponding schedule below.  Offer is also available at any BDO branch, or online via www.bdo.com.ph/autoloan.
     

    Venue
    Event Date
    METRO MANILA
    SM Mall of Asia
    March 14-20
    LUZON
    SM City Cabanatuan
    March 15-17
    SM City Clark
    March 15-17
    SM City Baliwag
    March 22-24
    SM City Lucena
    April 5-7
    SM City Dasmariñas
    April 5-7
    SM City Batangas
    April 5-7
    VISAYAS
    SM Seaside City Cebu
    March 22-24
    SM City Iloilo
    March 29-31 and April 5-7
    SM City Bacolod
    March 22-24 and March 29-31
    MINDANAO
    SM CDO Downtown Premier
    April 5-7
    SM Lanang Premier
    April 5-7
    SM City General Santos
    March 8-10

     

  2. The Auto Loan application should be subsequently approved and booked no later than June 7, 2019 (“Promo Availment Period”) for client to enjoy the following:

    • Free Gas

    • Low interest rate

    • Option to avail of an All – In Financing or Multi Year Motor Insurance Coverage

  3. To qualify for the Promotion, the following conditions must be met:

    • The BDO Auto Loan application is for a brand new car and for private use only.

    • Loan Term should at least be 36 months.

    • Loan Amount availed should at least be P600,000.

Free Gas

  1. Qualified clients under the Promotion will get Free Gas of up to P20,000. Amount of gas cards will depend on loan amount.
     

    Loan Amount
    Amount of Free Gas
    P600,000
    P999,999
    P3,000
    P1,000,000
    P1,499,999
    P6,000
    P1,500,000
    P1,999,999
    P9,000
    P2,000,000
    P2,999,999
    P15,000
    P3,000,000 and above
    P20,000

     

  2. The client shall claim the Free Gas card/s through his/her Account Officer no later than 60 days after the Promo Availment Period. Unclaimed gas card/s after the given deadline shall be forfeited in favor of BDO with prior approval from DTI.

  3. Requirements in claiming gas card/s

    • If client will personally claim the gas cards – he / she must provide:

      • a valid ID (Company, GSIS, TIN, Passport, Driver’s License)

      • photocopy of the valid ID

Client will then sign a receiving copy for the free gas card/s received.

  • If a representative will claim the gas card/s on client’s behalf – the representative must provide the following:

    • Original Letter of Authorization signed by the client.

    • Photocopy of client’s valid ID

    • Representative’s valid ID and its photocopy

The representative shall likewise sign a receiving copy for the free gas card/s received.

 

Low interest rates and fast loan processing

  1. The client will be provided an interest rate lower than the published BDO Auto Loan rates by a Sales Account Officer. Applications received during the Promo Period will be eligible for low rates except those availing of the All-in Financing.

  2. The client may get conditional approval in as fast as 1 banking day.

 

Affordable Cash Out option

  1. Client may choose one:

    • All In Financing wherein they may avail of financing of their brand new car inclusive of the following:

      • Chattel Mortgage Fees

      • 1st Year Car Insurance Premium

    • Multi Year Motor Insurance Coverage, a discounted package where the insurance premium covering the entire term of the loan forms part of the amount to be financed.  

General

  1. All applications qualified for the Promotion will undergo standard evaluation and approval process of BDO, subject to completion of required loan documents.

  2. Employees of BDO and its subsidiaries and their relatives up to the second degree of consanguinity are not qualified for the promotion.

  3. The offer cannot be availed in conjunction with other BDO Auto Loan promotions and/or offers.

  4. In case of dispute, BDO’s decision shall be final in concurrence with DTI. These terms and conditions are subject to any relevant law, government direction and regulation. The promotion will be void where prohibited or restricted by law or government regulations.

 

Per DTI-FTEB No. 1619, Series of 2019.